Solvency II Review – a Practical Case
Introduction & Programme
The amended Solvency II Directive entered into force on 28 January 2025 and will apply from 30 January 2027 following national transposition. The Solvency II reporting as of the first quarter of 2027 will be under the new framework.
This session will provide a thorough understanding of the key changes on pillar 1 by illustrating the impact of each component on a fictive insurer in a dedicated template. Possible optimizations will be illustrated.
Preliminary Programme
| Thursday, 3 December 2026 | |
| 09.30 - 10.30 | Presentation of the case study |
| Impact of the new curve on the SII ratio (extrapolation, volatility adjustment) | |
| Impact of other components (e.g. risk margin, SCR interest rate) | |
| 10.30 - 10.40 | Break |
| 10.40 - 12.40 | "Day 1" challenges |
| Potential sources of optimization | |
| Key takeaways | |
| Quiz | |
All the above times are given in CET (Central European Time).
Learning Objectives & Approach
The objective of this web session is to allow the participants involved in Solvency II work to experience some key changes being introduced by the Solvency II Review through a practical case study. We will make this section interactive by virtue of breakout discussions and polls, so that the participants can also actively share their views and experiences.
Participants
Participants are expected to have basic working knowledge of Solvency II.
Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure to join the web session with a stable internet connection.
Lecturers
Daphné de Leval
Daphné de Leval is a Belgian IA|Be and IA Qualified Actuary with more than 20 years of professional experience. She specializes in life insurance actuarial techniques, pension funds and risk management. She has worked on diverse functions: Solvency II implementation, Actuarial Function, Risk management, Financial and Prudential audit, IFRS 17 implementation, M&A. She is an active Actuary at IA|Be (SII WG-Chair) and AAE (Insurance Committee & Solvency II WG- Vice-Chair). She is passionate about learning and teaching to have a positive impact on society and gives regularly training sessions at EAA.
Michael Leitschkis
Dr Michael Leitschkis is Managing Partner at Kynesis. He has previously served as Principal at a leading consulting firm and Group Chief Actuary at a large international insurance group, brings more than 20 years of experience in the insurance industry notably in Germany, the UK and Bermuda. Michael is a frequent public speaker at international actuarial conferences and teaches risk modelling within the CERA curriculum of the European Actuarial Academy.
Language & CPD Credits
The language of the web session will be English.
CPD Credits
For this web session, the following CPD credits are available under the CPD scheme of the relevant national actuarial association:
- Austria: 3 points
- Belgium: 3 points
- Bulgaria: 4.5 points
- Croatia: individual accreditation
- Czechia: 3 hours
- Denmark: 3 credits
- Estonia: 3 hours
- Finland: 3 points
- France: 18 points
- Germany: 3 hours
- Greece: 4 points
- Hungary: 3 hours
- Iceland: 3 credits
- Ireland: 3 hours
- Italy: GdLA individual accreditation
- Latvia: 3 hours
- Lithuania: 3 hours
- Netherlands: approx. 3 points (individual accreditation)
- Norway: 3 points
- Poland: 3 hours
- Portugal: 3 hours
- Serbia: 3 hours
- Slovakia: individual accreditation
- Slovenia: individual accreditation
- Spain: CAC: 3 hours, IAE: 3 hours
- Switzerland: individual accreditation
- USA: SOA (Section B): up to 3.6 hours
No responsibility is taken for the accuracy of this information.
Fees & Registration Details
Early Bird Registration Fee (until 22 October 2026):
- For private customers in the EU: €240.00 + VAT of the billing country (example Germany: €285.60 incl. 19% VAT)
- For private customers outside the EU: €285.60 (incl. 19% VAT)
- For businesses within the EU (excl. Germany, with valid VAT ID): €240.00 (net, reverse charge applies)
- For businesses in Germany: €285.60 (incl. 19% VAT)
Regular Registration Fee (from 23 October 2026):
- For private customers in the EU: €315.00 + VAT of the billing country (example Germany: €374.85 incl. 19% VAT)
- For private customers outside the EU: €374.85 (incl. 19% VAT)
- For businesses within the EU (excl. Germany, with valid VAT ID): €315.00 (net, reverse charge applies)
- For businesses in Germany: €374.85 (incl. 19% VAT)
Important VAT Information:
- For private customers with a billing address in an EU country: VAT will be charged at the applicable rate in the country of the billing address. The final amount, including VAT, will be calculated upon invoicing.
- For customers with a non-EU (third country) billing address: Only a non-company billing address is accepted for VAT compliance reasons. 19% VAT applies to all non-EU private customers.
- For businesses within the EU (excluding Germany), Iceland, Liechtenstein, Norway, Switzerland, and the UK with a valid VAT ID: The reverse charge mechanism applies (net price; VAT will not be charged). Please ensure your valid VAT ID is entered correctly during registration.
- For all customers with a billing address in Germany: 19% VAT applies.
Please submit your registration using our online form below. Closer to the event, you will receive further login details to join the web session.
Your registration is binding. Cancellation is only possible up to 2 weeks before the first day of the event. If you cancel later, the full participation fee is due. You may appoint someone to take your place but must notify us in advance. EAA has the right to cancel the event if the minimum number of participants is not reached.
We will send you an invoice via email. Please allow a few days for handling. Please always give your invoice number when you effect payment. All bank charges are to be borne by the participant.
Registration is open until two working days before the web session. If registration has already been closed for this web session, please call us or send an email to contact@actuarial-academy.com in order to find out whether a late registration is still possible.
Event details
Lecturers: Michael Leitschkis, Daphné de Leval
Early Bird Deadline: 22 Oct 2026
Participant cancellation deadline: 19 Nov 2026
Event dates
Thursday, 3 Dec 2026